$HEMI (ticker HEMI) is a relatively recent cryptocurrency project that seeks to combine the strengths of both 😩Bitcoin and Ethereum into one interoperable, secure, and scalable network.
At its core is the idea of a “supernetwork” where Bitcoin’s security and Ethereum’s programmability are not siloed but work together. 🥰🥰🥰🥰
For example, Hemi’s architecture includes the Hemi Virtual Machine (hVM), which wraps an Ethereum-compatible🤗🤗🤗 environment around an actual Bitcoin node. Developers can access states on both chains directly. #HEMI
Hemi uses a consensus mechanism called Proof-of-Proof (PoP) to inherit security from Bitcoin, making attacks or censorship much harder.
It also offers “Tunnels,” which allow secure movement of assets between Bitcoin, Hemi, and Ethereum.
In terms of tokenomics, HEMI has a total supply of 10 billion tokens, with around 977.5 million in circulation.
The token is used for governance of the protocol and is planned to be used for gas/transaction fees in the future.@Hemi
